#CardanoDebate #ADA
Not everyone agrees. The influential account @cardano_whale argued that introducing 140 million ADA as sell pressure in the current market conditions would be detrimental. They acknowledged the potential long-term benefit for DeFi but warned that governance proposals are often outpaced by traders, meaning any public plan to sell ADA at $0.70 could end up with that supply selling at $0.50. Instead, they favored the minting of stablecoins backed by cryptocurrencies like ObyUSD to avoid direct sell pressure.
The founder of Cardano, Charles Hoskinson, responded vigorously, labeling concerns about sell pressure as a "false narrative." In his view, the treasury could gradually convert the 140 million ADA out of the market or through algorithmic execution strategies like TWAP orders (time-weighted average price) to prevent market disruption. He emphasized that the lack of depth in stablecoins on Cardano is holding back the ecosystem, and this initiative could not only fill that gap but also generate sustainable, non-inflationary revenue for the treasury.
The community remains divided. While some see it as a bold step to finally give Cardano DeFi a stable foundation, others consider the plan premature, especially given the current market weakness and ADA's inability to stay above $0.68. The debate has become a decisive test of how Cardano balances long-term growth with short-term tokenomic economics.
